Become An Animal Toymaker - Business Ideas

Pat Walls

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Updated: November 24th, 2022

Become An Animal Toymaker

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Cats can suffer from boredom and depression, so it's important to keep them stimulated with activities that help them release excess energy and maintain their overall health. Cat toys are a great way to do this!

Toys are an important part of your cat's life. They help them exercise, relieve stress and anxiety, and bond with their owners. One great way to make money from this trend is by making your cat toys.

This is a relatively new business, but it has proven to be very profitable for those who have tried it. The cat toy-making business is dedicated to providing quality, handmade toys for cats. The best part about this business is to make whatever kind of toy your cat likes best. The best part about this business is that you do not need any special equipment or tools to start it up.

Types of cat toy-related businesses:

Selling cat toys in person at craft fairs and festivals.
Selling cat toys online through an e-commerce website.
Making custom cat toys for clients.

Becoming an animal toymaker requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell , or selling online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$1.2B

starting costs

$10.9K

gross margin

65%

time to build

210 days

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
Equipment & Supply Expenses	$66	$700
Inventory Expenses	$50	$9,750
Software Expenses	$12	$575
Advertising & Marketing Costs	$0	$3,000
Website Costs	$13	$215
Specific Industry Expenses	$0	$500
Total Startup Costs	$141	$21,740

See all startup costs ➜

Successful Businesses

Business	URL	Rank
Steiff USA Official Site	steiffusa.com	981,072
The Happy Toy Maker	thehappytoymaker.com	2,607,238
Make My Toy	makemytoy.com	3,052,861

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Rewarding work	Starting a animal toymaker can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
Meaningful business connections	You never know who you will meet as a animal toymaker. This could be the start of an incredible business opportunity!
Quick build time	The average time it takes to build your product is quick - typically around 7 months. This will allow you to bring your product to market faster.

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Cons	Description
Crowded Space	Competition is high when it comes to your animal toymaker, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Low margins	The gross margins for your animal toymaker are typically around 65%, which can make it more challenging to incur new expenses and maintain profitability.
Work can be inconsistent	As a animal toymaker, the amount of work assigned to you and schedule tends to be more inconsistent, which may make your income less stable. It's important to set boundaries and budget accordingly based on the amount of work you plan to have.
Lack of benefits	With a animal toymaker, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Taxes	As a animal toymaker, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net	Typically, as a animal toymaker, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

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Marketing Ideas

1

Word of mouth

Word of mouth is when a consumers reflects their interest in a company’s product or service in their daily dialogues.
Therefore, word of mouth advertising is essentially a free advertising triggered by the customers experience.
According to Nielsen, 92% of people trust recommendations from friends and family.
Therefore, in today’s hyper-connected world, a single recommendation through a word of mouth can have a huge impact to your business.

Learn more about word of mouth ➜
2

Social Media Advertising

Social media advertising is the use of social media platforms to connect with your audience with the objective to build your brand, increase sales, and drive website traffic.
According to Oberlo, approximately 48% of the global population use social media, and the number is ever-growing.
Therefore, social media allows brands access to cost-effective advertising by enabling them to interact with a large audience.

Learn more about social media advertising ➜
3

Pay Per Click Advertising

Pay-per-click (PPC) is a performance-based marketing method that allows you to show specific ads for services or products oriented to a very defined target, with the goal that the user visits your website or landing page.

See all marketing ideas ➜

Key Stats

Startup Costs

Successful Businesses

981,072

2,607,238

3,052,861

Pros & Cons

Marketing Ideas

Word of mouth

Social Media Advertising

Pay Per Click Advertising